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Economic Analysis: Theory and Practice
 

The analysis of formation of the cost price of production of manufacturing enterprise with the use of multiple-factor econometric models

Vol. 10, Iss. 5, FEBRUARY 2011

Available online: 4 February 2011

Subject Heading: Economic-mathematical modelling

JEL Classification: 

Krasnobokaya I.A. candidate of economic sciences, associate professor of chair world economy and statistics, Oryol state technical university
siti_131175@mail.ru

In the conditions of modern economy, wishing to receive maximum benefits, the enterprise have to support the competitiveness constantly, combining growth of level of qualitative and functional production characteristics with the necessity of decrease of the cost price. The analysis of the cost price formation of production in industrial sphere with the use of multiple-factor econometric models gives an opportunity to form the optimal production program, to find out reserves of decrease in the cost price and increase of efficiency and competitiveness of production.

Keywords: analysis, management, cost price of production, manufacturing enterprise, modelling, production functions, ways of forecasting, optimization model, not used reserves

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ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

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